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liq [111]
3 years ago
9

Engineers for The All-Terrain Bike Company have determined that a 15% increase in all inputs will cause a 15% increase in output

. Assuming that input prices remain constant, you correctly deduce that such a change will cause ________ as output increases.
Business
2 answers:
Trava [24]3 years ago
7 0

Answer:

the average cost to reduce

Explanation:

In this situation, when The All-terrain Bike Company increases input (capital and labor) and this causes a proportional increase in output, this scenario The All-terrain Bike Company experiences is called a constant returns to scale which gives rise to decreased average costs.

This happens because buying larger quantity of inputs gives rise to a reduced cost of purchase because these things are being bought in bulk.

ella [17]3 years ago
5 0

Answer:

Average costs to remain constant

Explanation:

In economics, a look at the constant-cost industry reveals that total output can expanded without an increase in the individual firm's average total cost. This is because when input prices remain constant , the long-run supply curve in a constant-cost industry is perfectly elastic.

Also, since 15% increase in all inputs cause a 15% increase in output; such change shows that if input prices remain constant, average costs will remain constant too.

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Look at the chart displaying the human development index (HDI) worldwide, which is linked to a high standard of living. Based on
Vilka [71]
Thank you for posting your question here at brainly. I hope the answer will help you. Feel free to ask more questions.

Below are the choices:

A. As HDI increases, so does a nation's level of development. 
<span>B. A low HDI usually means that an economy is developed. </span>
<span>C. The HDI varies less in countries below the equator than those above the equator. </span>
D. The HDI is highest in countries with command economies.
<span>According to information about developing and developed countries in the world, sentence A is correct, because most countries with the high level of HDI are the most developed.</span>
5 0
3 years ago
What are the disadvantages of international trade?
Phoenix [80]

Answer:

It enables a country to obtain goods which it cannot produce or which it is not producing due to higher costs, by importing from other countries at lower costs. (iii) Specially Foreign trade leads to specialisation and encourages production of different goods in different countries.

Explanation:

inorder to minimize the disadvantage , there should be privacy maintainence in the intellectual property, there should be balanced in domestic and international trade. the over use of natural resources should be controlled. there should be proper checking of the good and services before trading them inside country or in foreign country, etc

7 0
3 years ago
The Vintage Laundry Company purchased $6,500 worth of laundry supplies on June 2 and recorded the purchase as an asset. On June
Mazyrski [523]

Answer:

D.) debit Supplies Expense. $5,500; credit Supplies, $5,500

Explanation:

First, let's talk about the amount.

On June 2 they purchased supplies worth $6,500 and recorded it as an ASSET. Debited on "Supplies" Account

Then on June 30, only $1,000 is on hand. That means that $5,500 worth of supplies must have been used (Solved as 6,500 less 1,000)

Now, the entry should reduce the "Supplies" Account since there were only $1,000 left. So it's correct to credit Supplies for $5,500 to reduce $6,500 into $1,000 worth.

The corresponding debit would consequently be "Supplies Expense" since $5,500 worth of supplies was used for the month.

3 0
3 years ago
Perfect Pet Collar Company makes custom leather pet collars. The company expects each collar to require 2.05 feet of leather and
Katarina [22]

Answer:

1. $3.20 x 2.20 = $7.04

2. It will be favorable.

3. It will be unfavorable.

4. Direct material price variance = $22

   Direct material quantity variance = 0.48

Explanation:

1. Standard direct cost per unit=cost of direct materials price x direct material standard quantity per unit.

2. It will be favorable because they expected or had budgeted to pay $3.60 per foot for the material but the actual cost became $3.20. So they  pay $0.40 less than they had expected to pay.

3. It will be unfavorable because they had planed or budgeted for each unit to use 2.05 feet of leather but they ended up needing 2.20 feet of leather per collar so that means they under budgeted by 0.15 feet.

4. Direct material price variance =( $3.60 x 55) less ($3.20x55)=$22

The total amount that was budgeted or expected to be paid is subtracted from the total actual  price that was paid.

Direct material quantity variance = (2.05x$3.20) less (2.20x$3.20)= -0.48

The total direct material quantity that is used is subtracted from the quantity that was expected to be used.

5 0
3 years ago
Discuss why customer relationship management systems help organizations achieve customer intimacy
kipiarov [429]
CRM frameworks coordinate and robotize client confronting forms in deals, advertising, and client benefit, giving an undertaking wide perspective of clients. Organizations can utilize this client learning when they cooperate with clients to furnish them with better administration or to offer new items and administrations. These frameworks likewise recognize productive or nonprofitable clients or chances to decrease the agitate rate. The significant client relationship administration programming bundles give capacities to both operational CRM and diagnostic CRM. They frequently incorporate modules for overseeing associations with offering accomplices and for worker relationship administration
4 0
3 years ago
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